Bank of New York Mellon Corp grew its holdings in shares of Rudolph Technologies Inc (NYSE:RTEC) by 4.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 431,675 shares of the scientific and technical instruments company’s stock after buying an additional 19,322 shares during the period. Bank of New York Mellon Corp owned 1.35% of Rudolph Technologies worth $10,554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of RTEC. Macquarie Group Ltd. grew its stake in Rudolph Technologies by 102.1% in the second quarter. Macquarie Group Ltd. now owns 3,959 shares of the scientific and technical instruments company’s stock worth $117,000 after purchasing an additional 2,000 shares during the period. USA Financial Portformulas Corp purchased a new stake in Rudolph Technologies in the third quarter worth $353,000. Bank of America Corp DE grew its stake in Rudolph Technologies by 63.6% in the second quarter. Bank of America Corp DE now owns 22,413 shares of the scientific and technical instruments company’s stock worth $664,000 after purchasing an additional 8,716 shares during the period. Chartwell Investment Partners LLC grew its stake in Rudolph Technologies by 7.9% in the third quarter. Chartwell Investment Partners LLC now owns 64,474 shares of the scientific and technical instruments company’s stock worth $1,576,000 after purchasing an additional 4,720 shares during the period. Finally, Dupont Capital Management Corp grew its stake in Rudolph Technologies by 247.8% in the third quarter. Dupont Capital Management Corp now owns 75,738 shares of the scientific and technical instruments company’s stock worth $1,852,000 after purchasing an additional 53,962 shares during the period. 93.40% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on the company. ValuEngine raised Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Investment Research raised Rudolph Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Rudolph Technologies presently has a consensus rating of “Buy” and an average target price of $32.75.

NYSE RTEC opened at $21.86 on Tuesday. Rudolph Technologies Inc has a 12 month low of $18.13 and a 12 month high of $34.55. The firm has a market capitalization of $702.76 million, a PE ratio of 21.02, a P/E/G ratio of 1.57 and a beta of 0.92.

Rudolph Technologies (NYSE:RTEC) last released its earnings results on Monday, February 4th. The scientific and technical instruments company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. Rudolph Technologies had a return on equity of 13.13% and a net margin of 13.36%. The firm had revenue of $62.78 million for the quarter, compared to analysts’ expectations of $64.40 million. During the same period in the prior year, the firm posted $0.29 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. As a group, equities research analysts anticipate that Rudolph Technologies Inc will post 1.39 EPS for the current year.

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Rudolph Technologies Company Profile

Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used in microelectronic device manufacturing. The company also offers process and yield management solutions used in wafer processing facilities, and device packaging and test facilities manufacturing through standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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